ChainCatcher news, Galaxy Digital has obtained permission to conduct derivatives trading through its London office in the UK. Since 2020, companies engaging in certain crypto asset activities in the UK must comply with the revised regulations on money laundering, terrorist financing, and funds transfer, and register with the FCA. Currently, there are 51 companies on the crypto asset register, including Coinbase, Fidelity, Gemini, and Kraken. Due to the FCA's stringent approval process, only about 14% of applications are approved.

ChainCatcher message, Google announced on December 20 that it will implement new cryptocurrency advertising regulations starting January 15, 2025, as part of its financial products policy update. Advertisers for cryptocurrency exchanges and wallet services targeting the UK market must obtain registration certification from the Financial Conduct Authority (FCA) and be certified by Google before they can run ads.The new regulations clearly differentiate the advertising requirements for software and hardware wallets. Specifically, hardware wallet ads are limited to providing private key storage functions for assets such as cryptocurrencies and NFTs, and must not include trading services. Google stated that it will issue a warning at least 7 days in advance before suspending accounts to ensure compliance from advertisers.